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    2960 Valley Rd Renton, WA 98057

    Sponsored
    For Sale
    Contact for pricing

    Prime Renton location, 4.2 acres, highway frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.2-acre property in Renton, Washington, presents a rare development opportunity. Located at 2960-2990 East Valley Road, this site boasts significant highway frontage along Highway 167, offering unparalleled visibility and accessibility. Currently zoned CA - Commercial Arterial by the City of Renton, the property allows for a maximum 65% site coverage (75% with integrated parking). Maximum building height is 50 feet for single-use developments and 70 feet for mixed-use projects. A portion of the land is occupied by Compton Lumber and Hardware, while the remaining acreage is ready for redevelopment. A pre-existing building pad is in place, supporting approximately 40,000 square feet of construction. Detailed site plans and permit drawings are available to expedite the development process. This may be one of the last opportunities to acquire a property of this size and potential in King County. The property's proximity to Highway 167 on/off ramps further enhances its strategic value. This is an ideal location for owner-users or investors seeking a high-impact commercial or industrial development project. The property's address is 2960 E Valley Rd, Renton, WA 98057.

    Property Features for 2960 Valley Rd

    General Information

    Property type
    Retail properties
    Lot Size
    182,952 SF

    HighLights

    • Commercial Arterial (CA) zoning, City of Renton.
    • 65% maximum site coverage; 75% allowed with on‑site parking.
    • 50‑foot maximum height (single‑use); 70‑foot maximum height (mixed‑use).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Renton
    County
    King
    State
    Washington
    Longitude
    -122.2177681
    Latitude
    47.4544107

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    FAQs

    What type of property is this?
    Retail property - Prime Renton location, 4.2 acres, highway frontage.
    Where is this retail property located?
    The property is located at 2960 Valley Rd Renton, WA.
    What are key features of this property?
    This property features: Commercial Arterial (CA) zoning, City of Renton.; 65% maximum site coverage; 75% allowed with on-site parking.; 50-foot maximum height (single-use); 70-foot maximum height (mixed-use).
    Request Owner's contact information
    2960 Valley Rd Renton, WA 98057
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2960 Valley Rd Renton, WA 98057
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